65 Lake Rise

    65, LAKE RISE, ROMFORD, RM1 4EF

    This detached freehold property on Lake Rise last sold in December 2023 for £525,000. Based on price growth in the RM1 district since then, its estimated current value is £524,002 — placing it in the 81st percentile nationally and the 66th percentile within RM1. The property covers 80 m² (861 sq ft), giving an estimated value of £6,550 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £525,000

    Dec 2023

    Estimated Valuation

    £524,002

    Est. £/sq ft

    £609/sq ft

    £6,550/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateJun 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2023

    £525,000

    21 May 2004

    £333,000

    15 Oct 1997

    £163,000

    Key Metrics

    Estimated valuation£524,002
    Value per sq ft / m²£609/sq ft (£6,550/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile66th percentile
    National percentile81st percentile

    District Context — RM1

    RM1 covers Romford and surrounding areas in East London, positioned in the east of the capital. It is a diverse, mixed-tenure neighbourhood with strong demand from families and commuters seeking affordable space within reach of London.

    Average Property Price - RM1

    £442,446

    73

    National percentile

    Average Net Household Income - RM1

    £47,792

    83

    National percentile

    10-Year Annualised Price Growth - RM1

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM1

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